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What type of analytics do mobility professionals actually need?

Graebel Analytics Blog

The real differences between descriptive, predictive and prescriptive analytics

For many of today’s mobility leaders, improving their mobility programs and building their strategies are top-of-mind issues that never go away. Just like in many other industries around the world, they turn to leading-edge technologies that can help enable better action and decision-making—thus garnering a lot of interest in data analytics.

We see it all the time. And usually, as they’re just starting to explore how data analytics technology can benefit their business, we consistently hear mobility professionals asking one of two questions:

  • “Isn’t analytics just a buzzword?”
  • “I need ​analytics—especially predictive analytics—but I can’t really articulate what I need it for, right?”

If that sounds familiar, we can assure you that you’re not alone.

Off the top, we can discount the first question. We’ve all seen the strong impact of data-driven decisions and analytics on many industries in recent years. But the second question is much more revealing about one of the incorrect analytics assumptions many mobility professionals make as they begin the process.

What you need is based on where you are

There are two important factors to consider when choosing the right approach. The first one is the state of your data, which is a key consideration because it determines the potential analyses that you can conduct. And the second is the specific goals you have for your business—your “why”—which dictate what type of approach your business needs.

There are three types of data analytics approaches that you may explore: descriptive, predictive and prescriptive analytics.


Analytics aren’t only about answers

At the end of the day, the right analytics solutions provider is the one who understands that the place to start is knowing ​where ​to start. They don’t just provide answers. They’re the ones who know which ​questions to ask so that they can help you determine which type of solution fits your business and will enable you to meet your intended purpose.

At Graebel - we can help. Our Graebel Analytics solution brings a unique blend of data science, technology and mobility experience to help you answer immediate or forward-looking questions that matter most to your business. Together we'll develop an analytics plan that's right for where you are today and ready for where you want to go. Contact us today to get started. 

About the Author

Alben joined Graebel in 2018 as Senior Director of Business Intelligence, focusing specifically on Data Analytics. Prior to joining Graebel, Alben worked for eight years in HP Enterprise, including positions in Corporate Mobility, Talent Acquisition PMO and Workforce Planning. He has also held positions in lean consultancy and statistical consultancy. Alben focuses on understanding data, generating findings and developing action plans to help the business assess their programs and projects, define ROI and be proactive in resolving challenges. Alben earned his Master of Science degree in Industrial Engineering.

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